In the IndyMac case, executives are accused of granting loans that were unlikely to be repaid while seeking to benefit from the bank’s compensation structure. The former employees have denied any wrongdoing.Well, isn't is exactly what goes on in the student loan practices of "private" schools?
Sunday, October 10, 2010
"Private Colleges"
The FDIC is seeking to prosecute bank officers who misbehaved in the mortgage boom, to wit:
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